Selling a Business in Roanoke — What You Need to Know
Roanoke's business sale market is anchored by Carilion Clinic — one of Virginia's largest healthcare systems and the foundation of Virginia Tech Carilion School of Medicine, one of the nation's newest and most innovative medical schools. This institutional combination creates extraordinary healthcare acquisition demand across the Western Virginia region, producing medical practices, specialty services, and healthcare technology businesses that attract buyers from Richmond, Charlotte, and beyond.
Roanoke's revitalized downtown — the Market Building, the Grandin Village, and the emerging River's Edge development — has created a hospitality and food-and-beverage scene that attracts buyers who want exposure to the city's ongoing renaissance. The outdoor economy — proximity to the Appalachian Trail, Blue Ridge Parkway, and Smith Mountain Lake — creates lifestyle businesses in outdoor retail, tourism, and hospitality that attract buyers from across the Mid-Atlantic.
Roanoke's manufacturing heritage — rail equipment, electrical equipment, and specialty industrial products — has evolved into advanced manufacturing and healthcare technology that creates specialized acquisition targets. Individual buyers from Carilion's medical community, Virginia Tech's engineering network, and the broader Blue Ridge professional community represent a motivated buyer pool for businesses in the $500K to $3M range.
Most Active Business Categories in Roanoke
Healthcare & Medical Practices
Carilion Clinic's regional dominance and Virginia Tech Carilion's research mission create one of Virginia's most active healthcare acquisition markets outside Northern Virginia. Medical practices, dental groups, specialty services, and healthcare technology businesses in Western Virginia benefit from Carilion's institutional reach across a large, medically underserved regional population.
Manufacturing & Industrial Services
Roanoke's advanced manufacturing base — rail equipment, electrical components, and specialty industrial products — creates consistent acquisition demand from strategic buyers in the manufacturing sector. Businesses with Norfolk Southern or GE supplier relationships command strategic premiums.
Outdoor Economy & Hospitality
Roanoke's advanced manufacturing base — rail equipment, electrical components, and specialty industrial products — creates consistent acquisition demand from strategic buyers in the manufacturing sector. Businesses with Norfolk Southern or GE supplier relationships command strategic premiums.
Thinking About Selling Your Roanoke Business?
A confidential, no-obligation valuation. Understand what your business could sell for in today's market before you commit to anything.
Schedule Your Free ValuationYou Keep More of What You've Built
Most business brokers in Roanoke charge 10% to 12%. On a million-dollar sale, that's $100K to $120K out of your pocket before you see a dime. John Salony charges 6% — which means on that same sale, you keep an extra $40K to $60K.
That's possible because of two things most brokers don't have: an AI-powered approach to CIM preparation and data gathering, and a 20-year network of serious buyers across the Southeast — including Roanoke — who are ready to move when the right opportunity comes along.
And John only gets paid when you do. No upfront fees. No retainers. If the deal doesn't close, you owe nothing.
Who Buys Businesses in Roanoke?
Understanding your buyer pool directly impacts how your business is positioned, priced, and marketed. Roanoke's economy attracts Carilion and Virginia Tech individual buyers, manufacturing strategic acquirers, lifestyle buyers targeting Blue Ridge outdoor economy, PE healthcare platforms.
Private Equity Groups
PE firms acquiring businesses as platform investments or add-ons to existing portfolio companies. They typically pay the highest multiples and bring institutional resources.
- ✓ Highest multiples (3.5×–5.0×+)
- ✓ May offer equity rollover
- ✓ Often want owner to stay 1–2 years
- ✓ Focused on EBITDA $500K+
Strategic Acquirers
Larger companies in your industry looking to expand geographically, add capabilities, or acquire customers. They understand your business and can often close faster.
- ✓ Strong multiples (3.0×–4.5×)
- ✓ Fastest due diligence
- ✓ Value customer base & territory
- ✓ May absorb into existing brand
Individual Buyers
Qualified individuals — often corporate executives or experienced operators — using SBA financing to acquire and run their own business.
- ✓ Solid multiples (2.5×–3.5×)
- ✓ SBA 7(a) financing typical
- ✓ Want transition support
- ✓ Looking for stability & cash flow
Who John Salony Works With in Roanoke
John works best with business owners who are serious about getting a transaction done — not just exploring. If any of the below describes you, a confidential conversation makes sense.
A free, confidential valuation estimate based on your actual financials and the current Roanoke buyer market. No cost, no pressure.
Get My Free ValuationWhy Roanoke Business Owners Work With John Salony
ABI Certified + MBA
Certified Business Intermediary with an MBA and 20+ years of experience in business sales and M&A advisory across the Southeast.
6% — Not 10–12%
The most competitive fee structure in the market. On a $1M sale you keep $40K–$60K more than you would with a traditional broker.
Complete Confidentiality
Blind listings, NDA before any details are shared, and careful buyer screening. Your employees and customers won't know until you're ready.
Dual CRE + Business Expertise
If you own the real estate too, John handles both. No need for two advisors, two timelines, or two sets of fees.
